I have just started taking steps with the aim of changing my existing standard mortgage to a Buy to Let Santander mortgage. I have been informed by my broker that I must appoint a lawyer as part of the process. I got in contact with my previous Chelsfield conveyancing solicitor who acted on my behalf when I initially acquired the house. The fee calculation issued of £550 has taken me by surprise as its a refinance than a sale or purchase.
The estimate does seem a little steep. Where you are content to invest time comparing prices you may be able to decrease the fees marginally by say £100 plus VAT. That being said, providing that you were happy with the service the firm provided you couldlive to regret opting for an an untested lawyer. If is important to be sure that the solicitor can represent Santander. Do employ our search tool to select a Chelsfield conveyancing firm on the Santander approved list of lawyers, which can often include conveyancing solicitors in Chelsfield.
Can your site be used to locate a Conveyancing solicitor in Chelsfield even if I’m not purchasing or selling a house, for example if I want to acquire an office in Chelsfield with a loan from Halifax?
Our comparison service is predominantly used to select residential conveyancing solicitors in Chelsfield but we have set out towards the end of this page some Chelsfield commercial conveyancing firms. You should speak with the company directly to check if they are also authorised to represent Halifax
Are the BSA planning on creating a search tool with a view to to identify solicitors on the Earl Shilton BS conveyancing panel for example in Chelsfield?
We are not aware of any plans on the part of the BSA to develop such a tool.
I'm purchasing a new build house in Chelsfield with the aid of help to buy. The builders refused to budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep advised me not reveal to my lawyer about this deal as it may adversely affect my loan with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
All being well we will complete our sale of a £425,000 garden flat in Chelsfield next Tuesday. The landlords agents has quoted £300 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Chelsfield?
Chelsfield conveyancing on leasehold flats more often than not requires the purchaser’s solicitor submitting enquiries for the landlord to answer. Although the landlord is not legally bound to answer these enquiries most will be willing to do so. They are at liberty to invoice a reasonable charge for answering enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is over three hundred pounds, in some cases it is in excess of £800. The administration charge levied by the landlord must be sent together with a summary of rights and obligations in relation to administration fees, otherwise the invoice is technically not due. In reality one has little option but to pay whatever is requested of you should you wish to exchange contracts with the buyer.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Chelsfield conveyancing firm to act on my behalf?
if there is a absentee landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to judgment on the sum to be paid.
An example of a Lease Extension decision for a Chelsfield residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case related to 1 flat. The unexpired lease term was 50.57 years.
Are there any apps to help search for a Chelsfield conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to 20miles to meet the lawyer.
Feel free to make use of the find a conveyancing panel tool on this page. Please choose the lender and your location, in this case Chelsfield and you will see a number of lawyer located nearest Chelsfield. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the lender solicitor panel.